Gary Weiss Buys 43,212 Shares of Myer Holdings Limited (ASX:MYR) Stock

Myer Holdings Limited (ASX:MYR) insider Gary Weiss bought 43,212 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The stock was acquired at an average price of A$0.84 ($0.54) per share, for a total transaction of A$36,298.08 ($23,119.80).

Myer Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.40 and a debt-to-equity ratio of 638.94. The firm has a market capitalization of $1.43 billion, a P/E ratio of 15.57, a P/E/G ratio of 0.47 and a beta of 2.07.

Myer Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 19th will be issued a $0.025 dividend. This is an increase from Myer’s previous Interim dividend of $0.01. This represents a dividend yield of 2.81%. The ex-dividend date is Thursday, January 23rd. Myer’s payout ratio is presently 80.00%.

About Myer

Myer Holdings Limited, together with its subsidiaries, engages in the operation of offline and online department stores under the Myer brand name in Australia. It offers womenswear, menswear, kids wear, homewares, beauty products, travel products, electrical goods, toys, and gift products. The company also provides beauty, grooming, gift registry, clothes alteration, formal hire, and breast cancer screening services; and operates in-store cafés and restaurants.